1. Calculate NAV of a fund:

1,000,000 shares of Microsoft @ 56

Commissions, broker and transaction fees $1,200,000

Total shares: 2,500,000

NAV=?

2. According to answer on question 1, what is the holding period return if the price of Microsoft goes to 58?

HPR=?

Answer rating: 100% (QA)

To calculate the Net Asset Value NAV of the fund we first need to determine the total value of the a... View the full answer